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High-yield business savings
Earn more on idle cash.

How businesses can earn better rates on excess cash and reserves than a typical bank savings account — while keeping deposits FDIC-insured and liquid. No setup fees, no monthly fees, no minimums.

Updated October 2026 · Ampersand editorial team

Key takeaways
  • The FDIC national savings rate was 0.39% as of 10/06/2025 — many operating accounts earn far less than market rates.
  • Banks pay different rates for deposits; many community and regional banks pay more for stable funding.
  • Ampersand program rates have averaged 5–9x the national average.‡
  • No setup fees, no monthly fees and no minimum balance on the Ampersand high-yield account.

Why business cash often earns so little

Operating banks rarely pay competitive rates on large, idle balances. The FDIC national average savings rate was just 0.39% as of 10/06/2025 — and many business checking accounts earn close to nothing.

Where better rates come from

Deposit rates vary widely from bank to bank. Many community and regional banks need stable funding and pay more for it. A deposit marketplace gives you access to those institutions without opening accounts at each one.

Earning more without giving up protection

With Ampersand, funds are placed across FDIC- and NCUA-insured institutions, each deposit kept within its insured limit. Program rates have averaged 5–9x the national average,‡ and interest rolls up to one statement — keep it in your Ampersand account or send it to your operating bank.

What cash is a good fit

Reserve funds, excess cash, insurance and benefit premiums, and any cash not needed for daily transactions. Keep your operating account where it is for everyday banking.

What to compare

Rate, insurance coverage, liquidity and access, fees and minimums, reporting, and whether you have to change banks. Ampersand: no setup fees, no monthly fees, no minimum balance, one login, one statement, and no need to switch banks.

See what your balance could earn — fully placed within insured limits.One account. 300+ insured institutions. Keep your operating bank.

Frequently asked

Rates change with the market. Compare against the FDIC national average and look for options that also keep deposits insured and liquid.

Deposits at FDIC-insured banks are insured up to the limit. Through Ampersand, deposits are placed at insured institutions within their limits.

There are no setup fees, no monthly fees and no minimum balance on the Ampersand high-yield account.

Related reading

A Q4 Checklist for Finance Leaders↗Ampersand Explains: Savings Accounts vs. Money Market Accounts↗What Should Organizations Do with Excess Cash?↗

More guides

FDIC insuranceFDIC insurance limits explainedExtended coverageExtended FDIC insuranceBank failuresWhat happens when a bank fails?CD ratesBusiness CD rates

Ampersand, Inc. is not a bank or depository institution. Ampersand acts as administrator in placing deposits at FDIC- or NCUA-insured banks or credit unions; deposit insurance is provided by those institutions, subject to standard limits, aggregation rules, and pass-through requirements. ‡ Program rates have averaged 5–9x the FDIC national average savings rate, as of 10/15/2026; averages are not a guarantee of any client’s rate. § CDs are issued by participating insured institutions; “most competitive” compares per-bank CD rates with publicly available national CD rate data as of 09/19/2026. A placement fee applies to CDs and is charged at maturity, subject to a signed agreement with Ampersand; see your agreement for fee details. Rates vary and are not guaranteed. This guide is general information, not legal, tax or investment advice. Full disclosures →